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: good evening, everybody. president obama preparing to pivot to job creation in tomorrow state of the union address in which he is expected to call for a renewed focus on jobs. of course, more government spending. we will show you how many times the president has had to pivot. also tonight among the latest on of 150-foot wide asteroid that is expected to come closer to striking earth than any other on record. the scientists say the * most likely threat is to the hundreds of weather and telecommunications satellites in geostationary orbit some 22,000 miles above the earth. and what a small college with a big idea, a big idea that could create chaos for more than 4,000 colleges and universities in the country if they follow suit. that plan may prove expensive and embarrassing to all those schools. we'll tell you all about it. we begin with the president's fourth state of the union address and his expected calls for more taxes, more spending, and yet another predicted job creation. a white house aide telling the "wall street journal" the president obama will call for spending aime
. thank you for being with us. and now just over one week from the obama's cluster taking effect or should i say the unleashing of the sequester. seemingly has his entire administration of full force forecasting horrifying events of the sequester is not stopped, and the president's threat million predicting disaster if the $85 billion in arbitrary spending cuts to is not prevented. we'll respect this president does a man of intellect and immense political acumen, a man of many seasons and parts, but he is also a man of many threats. the president wants to raise more taxes just a weeks after congress agreed to a higher taxes in order to reach agreement if faugh -- he's out pushing the politics of fear, dg his way or disaster. a sequester is a least, the military, he says, will be ready if called upon. the white house says fbi agents will be furloughed along with civilian federal employees. federal prosecutors allegedly will close cases and let criminals run free. air traffic controllers and airport security to be furloughed. thousands of teachers and educators and first responders all laid
the federal government has nothing to do with first responders, teachers, or administrators. the obama white house seems to want us to believe that the streets will be filled with both toddlers and crux, airports will resemble a ghost towns, and the federal government work force will be reduced by about one-third. scary. scary except we have heard all of this before. are very on president. we heard it in the debt ceiling debate. we heard it in the run-up to the fiscal cliff. remember this threaduring the debt ceiling debate back in the summer of 2011? i cannot guarantee that those checks go out on august 3rd if we have not resolve this issue because there may simply not be the money in the coffers to do it. this is not just a matter of social security checks, veterans' check folks on disability and their checks. about 70 million checks that go out. lou: more recently in the linda congressional session in the fiscal. >> debate, president obama issued his threat. >> what has been holding us back is the dysfunction here in washington. and if people start seeing that on january 1st this problem
made on the same day, in fact come as weekly jobless claims unexpectedly skyrocketed. president obama created the jobs council back in 2011, billing the advisory board of prominent business leaders and economists from around the nation who were to offer proposals to help spur job creation and economic growth. the president only met with his jobs counselor handful of times, four to be exact, rejecting or ignoring many proposals, including a plan to lower tax rates in order to broaden the overall tax base. the council's last official meeting one and one year ago. unemployment has dropped from more than 9 percent of the council's inception to the current rate of 78%, but more than 23 million americans remain of work or are stuck in part-time jobs , wanted full-time work for. meantime, we learned initial jobless claims rose to 360,000 last week, an unexpected jump of over 38,000 from the prior week's four year low. the obama economy seems stuck in neutral. recoveries fragile. yesterday the drop in gdp. tomorrow's january unemployment report expected to remain. critics said the president h
's four year low. the obama economy seems stuck in neutral. recoveries fragile. yesterday the drop in gdp. tomorrow's january unemployment report expected to remain. critics said the president has not remained lazar focused on creating jobs, and the dissolution of the jobs council is just the latest example of that. fox news senior white house correspondent with our report. >> more than one year after his last meeting with the group, president obama is now eviewing the charter for is jobs council. the unemployment rate is falling a little more than a percentage point as the council's first meeting two years ago and no one in the white house says it has fallen far enough. officials defend the council's work in mr. obama's interaction with it. >> the jobs council provided us a series of ideas, many of which the president acted on. it did not require some leaves us ideaso be generated. >> from the start critics believe the council was intended to create the appearance of action in the face of soaring unemployment. it only met four times and had fewer than two dozen conference calls enlisting
and a half million people have dropped out of the work force since president obama took office. the developments overseas tonight. a suicide bomber attack. the u.s. embassy in turkey. killing one, injuring three others. the white house calling it an act of terrorism, the eighth attack on a u.s. embassy since hillary clinton was named secretary of state. coming on this, her less than the job. president obama to they retreated on the obamacare contraception mandate. the department of health and human services announcing that religiously affiliated organizations can opt out of the controversy and mandate, although the rule change applies only to religious nonprofits, prompting private sector entities with religious ties to say, not good enough, mr. president. and some racy super bowl ads starring super model and sports illustrated swimsuit get up. groups calling for higher standards for super bowl ads and their sponsors. we begin tonight with the unemployment rate at 7.9%. the white house looking to a brighter numbers, however, today including upper revisions in jobs created in bo
on the sequester? the very first paragraph of the analysis reading, president barack obama's state-by-state breakdown of the sequester, and you get dire message. if you had read it. this guy is going to fall on march 1st. but a closer reading of the detailed report shows that some of this curious stuff is going to happen in slow-motion if it happens all. all this on the heels of the skating weekend op-ed by washington post veteran bob woodward who blasted the president for 11 the sequester a congress. claiming to senior white house aides told him that it was the brainchild of the ministration. meanwhile poking an enormous hole in that transparency claim. listen to him explain how he was told to hide certain information from the press and the public while serving at the pleasure of president obama. >> when i went through the process of becoming press secretary, one of the first things they tell me was, you're not even to a knowledge that drone program. you're not to discuss the existence of it. our denial of the existence of the program when is obviously happening undermines people'
. well, that's what obamaments. that's what this guy wants too. we have all of these things that have happened in the past where he has been -- does some things that other members have not done. there's a lot of reasons to oppose him. those are my reasons, but senator cruz is entitled for what he's asking for, and we are doing all we can to get it. lou: saint -- he is entitled to what he wants, but are you pleased with where we are now? do you suspect as a result of where we are that senator hagel will be confirmed or not? >> i can't tell you that, lou. you know, we are counting votes right now. you told me something i was not aware of that susan is going to oppose him. that's good news to me because it's going to be a downhill one vote. lou: one vote. do we have the senator's statement here that we can share with the audience and senator inhofe? have you got it? all right. here we go. this is her position now. senator inn hof. i don't know if you why see it, but "i'm unable to support senator hagel to be the secretary of defense because i do not believe his positions, votes, and stat
, the obama am cane attacked mitt romney for investments and shelters money. lew urged congress to stop the sequester suggesting cuts pose self-inflicted wounds to the economy. on a second term priority, one said president obama must lead. >> i hear the president talking about raising revenue through tax reform. to me, if you get economic growth, it's new revenue, but the old-fashioned way. that ought to be the goal. >> conservatives like jeff sessions are angry about lew's testimony in 2011 as budget director. >> senator, i think it's an accurate statement our current spending will not increase the debt. we stopped spendsmoney that we don't have. we just can't wish the debt away. >> sessions so mad, accused lew of deliberate deception with the comment. it might not be enough to stop the nomination in the committee, but could lead to fireworks on the senate floor, lou? lou: quite a statement from jack lew. let alone economists will be going through that one for awhole.. the president renewi his calls for immigration reform during the state of the union address. the department ofhomeland
this mess. even president obama, who spent this weekend working on his golf swing with tiger woods, he even managed the next around today. he is on his way home with no solution. remember, the sequester was his idea. the effects on the economy is clear. the economic recovery is being held back by washington. goldman sachs chief u.s. economist out with a new report, saying that the onomy will ntinue to go well below its potential. most consumers obably weren't aware of the hit to their disposable income until they receive their mid-january paycheck. one republican pollster in a new report rights that we have entered a new phase for the dysfunction and paralysis in washington is having a significant impact on how consumers feel about the overall state of the economy and their personal financial situation. the drop in consumer confidence, he says, is directly related to a lack of competence in our current political leaders. consumer confidence has taken a hit, a big one since post-world war ii history. already there is evidence of a slowdown in consumer spending. reports that wal-mart had its
bacteria for fresh h breath. ♪ fixodent, and forget it. gerri: president obama has made the oil companies out to be tax cheats, but i'll write down h ♪ gerri: well, it was a record date or near record day for one of the world's biggest companies , exxon mobil. now, the oil joint -- giant barely missed a record 44-year earnings just under 45 billion, 340 million shy of its 2008 record profit. net income equals $2.20 per share abut $10 million a. it's a huge number for that company. as a result of the success people on the left really does the companies say they don't deserve the massive tax breaks they're getting. these big bad boy of guys have to pay their fair share like the rest of successful -- i mean, i'm sorry, wealthy americans. take a look at this. for the fourth quarter exxon paid nearly seven and a half billion dollars in income taxes. nearly 8 billion in sales taxes. nearly 9 billion in assorted other taxes, a total of more than $24 billion in taxes. so, let's revisit the top of the segment for a moment. according to today's earnings report exxon earned about $10 billion last
couldn't do it under president obama in 2009 when they were spending hundreds of billions of dollars, the answer is no. the regulatory morass is insurmountable and politics play a role. we waste hundreds of billions of dollars on mass transit. it has a role in certain parts of the country but tens of billions that could have been used for real infrastructure. >> dave: so there may have been a time when massive projects, there is too many regs to make it efficient. >> i don't see the private market stepping up to do the job. wait a minute, this country is turning into a third world nation. our infrastructure is truly crumbling. >> they are using private contractors and there are questions at that level. we have an oil and gas boom. our infrastructure at that level is poor. there is a bottleneck at the refineries. we're going to need more than pipelines to make that part of the economy. >> dave: rick has a point when he goes after monopolies but the worst is the government. all the private sector competition and that leads to corruption, no? >> i think you can point to that, but you ca
house, some top officials were arrested. they're all demanding obama killed the pipeline. the same time the building trades division, powerful unit supporter of the president on a conference call with the american petroleum institute calling on the president to approve the pipeline. you can see how he is stuck between the constituents. sandra: i want to take this out to tyson. i want to use the number from the american petroleum institute, they say the ke keyse type one would create 20,000 u.s. jobs. the labor unions are for it, environmentalists are against it, why are you against it? >> it has nothing to do with approving u.s. national security and nothing to do with lowering energy prices for americans. member, salt process of the pipeline is to divert oil that is currently eating processed in the midwest for domestic consumption to the gulf coast refineries in order to export that product. the largest export in the u.s. economy right now is refined petroleum products. business is booming for the gulf coast refineries but it is increasing energy prices for americans because the more
companies, not because of who he is, but mainly who he likes, barack obama? it stands out. >> you hit on head you talk about how president has special companies he dos goes after with complexity in the loopholes and tax code, always the oil companies, but you see companies like facebook, and green companies getting pre preference capitapreferentialtreatment. like solyndra. neil: the energy companies collectively pay highest amount of taxing but highest corporate tax rate, period. and yet there is an a am over whether they are yield a few million more afternoon tens of billions they pay is the issue, when some. >> this points to how our presidencies tax code, not actually as a mechanism to raise revenues and fund legitimate services and government, it is a tool for his own social agenda. a tool for social a warfare. he wants to pay out to different energy companies, look at his state of the union, in same breath he esscoreiates loopholes, he has more of preferential treatment for his own green energy companies, interesting he says we have a broken tax code, and then proposed same treat
in the way of discussion or negotiation to figure out how to fill in those cuts. president obama, the administration, discussing all week with cabinet secretaries the dire economic circumstance that will occur if these automatic spending cuts go into place in a week. earlier today, the transportation secretary, ray lahood, came out and said, we're looking at faa furloughs that would lead to flight delays. that would lead to possibly flight cancellations. earlier this week it was agricultural secretary tom vilsack discussing how meat inspectors would be furloughed, putting food safety into questions. this comes up as a way to pressure republicans to agree to tax increases as part of a plan to replace the automatic spending cuts. earlier today president obama had another push. >> i've been very clear that these kinds of arbitrary, automatic cuts, would have an adverse impact on families, on teachers, on parents who are reliant on head start programs, on our military readiness, on mental health services, on medical research. this is not a smart way for us to reduce the deficit. >> s
of the first obama administration. she -- he says he'll stay in office past the end of the month to help the white house find his successor. oil futures climbed, and strong u.s. manufacturing data, crude fell to $97.77 for the week and rose 2%. all right. coming up, states across the u.s. pushing to hike minimum wage, but businesses could slash payrolls to return the favor. breaking it down in the number crunch. plus, another nightmare looming for boeing. 23,000 of the engineers could be going on strike on top of the dreamliner fiasco. can it avoid a financial crash landing? we got the details. can you ever have too much "money"? ♪ melissa: okay. on to the always controversial issue of minimum wage, a growing number of states looking to hike the minimum wage with nine states already in connection in- in connectionin connectionincre. could this raise unemployment? with me to crunch the numbers, welcome to the show, steve. now, this is my reaction of raising the minimum wage, which sounds great, raise wages for workers b u feel, you know, places only have a certain amount of income to sp
Search Results 0 to 20 of about 21 (some duplicates have been removed)